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Lending and Investment

Project Name: Green Energy Special Fund (GESF)-Subproject 1: Moldova Chisinau Urban Road Sector Project
Project Description: The TaiwanICDF is engaging in co-financing with the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank to support the rehabilitation of major streets and the modernization of public lighting in the center of Chisinau, Moldova. More specifically, the project will include the renewal of asphalt and pavements, building new central pedestrian areas including by upgrading sewage pipeline along the streets, as well as the establishment of on-street parking facilities. The upgrading of the street lighting system will include the replacement of the existing mercury-based lamps with LED lamps, and the acquisition of a modern, automatic network management system.

To watch the video made by the TaiwanICDF: Moldova: Making the Switch to Sustainable Lighting
Project Objectives: The objective of the Green Energy Special Fund (GESF) component is to modernize Chisinau’s street lighting system by replacing the existing high-pressure, mercury-based lamps with modern, energy-efficient technology throughout a network of up to 13 kilometers of primary and secondary streets in the city center.
Executing Agency: City of Chisinau
Implementation Arrangement: The TaiwanICDF will co-finance the project by providing a loan through GESF administered by the EBRD.
Project Manager: Carrie Hsieh
Project Coordinator Phone: +886-2-28732323 ext. 511
Project Coordinator E-mail: H.Y.Hsieh@icdf.org.tw
Signing Date: 2012/2/6
Projected Benefits: It is anticipated that the modernization of public lighting will improve energy efficiency by 70 percent.
Sector: Social Infrastructure and Services
Sector Item: Other Social Infrastructure and Services
Borrower: City of Chisinau
Cooperating Country: West and Central Asia, Moldova
Cooperating Organization: European Bank for Reconstruction and Development (EBRD)
Themes: Environmental Protection
Project status: Projects under implementation
  • Hits:42390
  • Date:2014/8/11
  • Date Updated:2019/6/17
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